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We expect a $255 movement on BZ within 48 hours following the event release at 2025-06-24 08:00.

Based on the last 12 Ifo Business Climate events in Germany, we expect a 368 pip movement on BZ within 48 hours following the event release at 2025-06-24 08:00. We expect BZ to trend downwards 48 hours following the event release at 2025-06-24 08:00 if the released value is < 88.3 Historical events that allowed us to draw this conclusion

24 Feb 09:00
17 Dec 09:00
25 Nov 09:00
24 Sep 08:00
25 Jul 08:00
24 Jun 08:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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